In the first week of August, global chrome ore and ferroalloy markets showed mixed price movements. Across China, Europe, and the US, prices remained volatile, while uncertainty in trade continued to be a dominant theme.
📊 Chrome Ore Prices
Origin / Grade
Specification
Price (USD/mt)
China – UG2
Cr/Fe 1.27
265
Cr/Fe 1.30
268
Cr/Fe 1.40
275
South Africa
36–38% Cr
220–225
42–44% Cr
270–275
RSA ROM
40–42% Cr
240–245
38–40% Cr
220–225
Turkey
Concentrate 46–48% Cr
330–335
Lumpy 40–42% Cr
265–275
⚙️ Europe +4% C 65% Cr Ferrochrome
Origin
Price (USD/lb)
Note
Kazakhstan
1.25–1.60
CIF, duty paid
Sweden
1.44–1.48
CIF, duty paid
Albania
1.60–1.65
CIF, duty paid
Turkey
1.42–1.47
CIF, duty paid
India
1.10–1.15
CIF, duty unpaid
⚙️ Europe +4% C 60% Cr Ferrochrome
Origin
Price (USD/lb)
India
1.04–1.05
Turkey
1.05–1.10
Oman
0.99–1.02
⚙️ Europe Low Carbon Ferrochrome (0.10% C, 65% Cr)
Origin
Price (USD/lb)
Kazakhstan
2.22–2.65
Turkey
2.31–2.33
Europe
2.34–2.65
India
1.82
Brazil
1.80
🔩 European Chrome Metal
Origin
Price (USD/mt)
Russia
9,300–9,400
China
9,350–9,400
Europe
12,100–12,250
📌 Ferroalloy Market Overview
In Europe, the bulk ferroalloy market is still seeing limited impact from safeguard measures, with order shortages and ongoing uncertainty.
75% ferrosilicon: €1,410–1,460/mt (ddp). A small sale concluded at €1,800/mt.
🇺🇸 US Market Uncertainty
The US bulk ferroalloy market remains clouded by confusion over tariffs and reciprocal duties. It is unclear whether these are in addition to or replacing existing duties, and questions remain about which metals are listed under Annex 11 for various companies.
Market Outlook: As of August 2025, prices are generally stable to slightly fluctuating. Logistics issues, tariff structures, and inventory levels are expected to play a critical role in shaping price movements in the coming weeks.
